News from BetaKit

Why scaling requires more than speed

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Trevor Nichols @ BetaKit 1 place · 06/05/2026 16:27 EDT

IDEA Mississauga’s Step-Up Program helps founders build the strategy and systems for growth. Read more ›

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S|W: The SaaS Weekly – Inside this week’s massive BC tech exit

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Michael Edgar @ BetaKit 3 place · 08/09/2022 05:30 EDT

Plus: Layoffs across SaaS startups pile up. Read more ›

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CIBC latest Big Six bank to partner with a FinTech on private open banking API

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Charlize Alcaraz @ BetaKit · 08/08/2022 17:02 EDT

CIBC pens data access agreement with Utah-based MX. Read more ›

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D-Wave lists on New York Stock Exchange following close of SPAC deal

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Meagan Simpson @ BetaKit · 08/08/2022 16:31 EDT

D-Wave's stock price jumped as much as 30 percent on opening day. Read more ›

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C100 taps former MaRS exec Ray Newal as its new CEO

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Charlize Alcaraz @ BetaKit · 08/08/2022 12:55 EDT

Ray Newal, who has led firms in Canada and India, will spearhead C100’s international expansion efforts. Read more ›

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With a new team, Framework Venture Partners secures $100 million USD first close for second fund

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Meagan Simpson @ BetaKit 3 place · 08/08/2022 06:30 EDT

Barbara Dirks, Jim Texier, Mike Dobbins join for Fund II, target $250M final close. Read more ›

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Properly secures $36 million CAD, pulls back on geographic expansion plans as Canadian housing market cools

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Josh Scott @ BetaKit 3 place · 08/08/2022 04:59 EDT

Provincial expansions across BC, Ontario, and Québec have been pinned in favour of focus on Toronto and Vancouver. Read more ›

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F|T: The FinTech Times – Wealthsimple’s growth stalls, Robinhood’s retail investors flee

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Michael Edgar @ BetaKit · 08/08/2022 04:45 EDT

Plus: Kirk Simpson, Peter Carrescia team up with an idea to disrupt the digital identity space. Read more ›

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Canadian startup news of the week (8/7/22)

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Michael Edgar @ BetaKit · 08/08/2022 04:30 EDT

Plus: Sandpiper Ventures closes $20 million first fund focused on early-stage, women-led tech startups. Read more ›

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Tracking the tech downturn across Canada with data

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Douglas Soltys @ BetaKit · 08/07/2022 18:50 EDT

When the party winds down, the hangover is fast to follow. Read more ›

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D2C startups not immune to downturn as Article, Mejuri make staff cuts

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Charlize Alcaraz @ BetaKit 1 place · 08/05/2022 16:22 EDT

Article and Mejuri have cut their workforces by 17 and 10 percent, respectively. Read more ›

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Uberflip CEO attributes company layoffs to “unsteady economy”

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Meagan Simpson @ BetaKit 2 place · 08/05/2022 12:13 EDT

Uberflip laid off 31 employees. Read more ›

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Scale Without Borders wants to bring Canada’s immigrant tech community together in November summit

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Charlize Alcaraz @ BetaKit 1 place · 08/05/2022 06:01 EDT

Last year’s summit spanned three days and saw 1,000 registrants. Read more ›

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H|T: The Healthtech Times – Making your baby cry… for science

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Michael Edgar @ BetaKit · 08/05/2022 05:00 EDT

Plus: Could the Theranos that was promised come from Sudbury? Read more ›

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RenoRun lays off 12 percent of staff, pauses geographic expansion amid uncertainty surrounding consumer spending

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Josh Scott @ BetaKit 1 place · 08/04/2022 18:24 EDT

CEO: “There's just a level of uncertainty right across the board.” Read more ›

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Lightspeed’s revenues increase even as its losses widen in fiscal first quarter for 2023

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Charles Mandel @ BetaKit · 08/04/2022 13:23 EDT

Lightspeed’s results were better than expected. Read more ›

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Nubik becomes latest Canadian tech firm acquired by Deloitte

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Charlize Alcaraz @ BetaKit 3 place · 08/04/2022 10:42 EDT

Nubik specializes in Salesforce, FinancialForce, and Rootstock Cloud ERP. Read more ›

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Kirk Simpson, Peter Carrescia team up to raise $6.5 million CAD with an idea to disrupt the digital identity space

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Meagan Simpson @ BetaKit 3 place · 08/04/2022 07:00 EDT

OMERS, Wittington, and Round13 have all backed Qui Identity. Read more ›

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Sandpiper Ventures closes $20 million first fund focused on early-stage, women-led tech startups

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Josh Scott @ BetaKit · 08/04/2022 06:00 EDT

Sandpiper sees “huge … and untapped opportunity” to back more women entrepreneurs amid market downturn. Read more ›

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R|T: The Retail Times – Shopify’s bet didn’t pay off

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Michael Edgar @ BetaKit · 08/04/2022 05:30 EDT

Plus: Has the scooter boom finally gone bust? Read more ›

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A|I: The AI Times – DeepMind cracks biology’s biggest problem

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Michael Edgar @ BetaKit · 08/04/2022 05:00 EDT

Plus: Google Is Selling Advanced AI to Israel, Documents Reveal. Read more ›

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